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Carter Machinery, founded in Virginia in 1927, is a producer of lubricants for engines and other mechanical purposes. By the 1980s, it also became the largest dealer in Caterpillar equipment in the United States , [ 1 ] and it was acquired by Caterpillar, Inc. in 1988.
Caterpillar Inc., also known as Cat, is an American construction, mining and other engineering equipment manufacturer. [6] The company is the world's largest manufacturer of construction equipment. [ 3 ] [ 7 ] [ 8 ] In 2018, Caterpillar was ranked number 73 on the Fortune 500 list [ 9 ] and number 265 on the Global Fortune 500 list. [ 10 ]
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The company (CAT) was founded in 1994 [2] by Jay Carter Jr., two years after the partial sale of the wind turbine company Carter Wind Systems, [7] [8] now [when?] being run by his son Matt. [ 9 ] [ 10 ] The company is developing the CarterCopter slowed rotor /compound (SR/C) aircraft series, the CarterCopter Propeller System [ 6 ] [ 11 ] [ 12 ...
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